In July, 1.4% of homeowners were four months behind on their mortgage payments, compared with 0.12% a year earlier, according to CoreLogic.
The data counts homeowners granted forbearance under coronavirus relief law.
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The Rise of Digital Mortgages in Lending: How Tech Innovations are Reshaping the Market Explore the rise of digital mortgages and how technology innovations are transforming the lending market. Learn about AI, blockchain, and digital platforms reshaping the mortgage industry.
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Delinquency Rate Hits 21-Year High: CoreLogic
The 120-day mortgage delinquency rate has reached its highest level since CoreLogic started keeping track in 1999. So reports Yahoo Finance.
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